Comment on Vista Equity Partners cofounder exits — BlackRock's direct indexing deal — Private-equity recruiting

Vista Equity Partners cofounder exits — BlackRock's direct indexing deal — Private-equity recruiting

Happy Saturday!On Thanksgiving afternoon, Vista Equity Partners dropped a press release announcing that the firm's No.2 exec, Brian Sheth, would be departing effective immediately.As Casey Sullivan and Dakin Campbell had previously reported, Vista founder Robert Smith and Sheth has been locked in negotiations over an exit after Smith's admission to years of tax evasion.

 

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